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Feb 19, 2013
02/13
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he will report from the windy city. connell: and the numbers game and politics. adapting a business state of mind to try to save a party. we have a lot of data to crunch. dagen: i wonder what counts spell like in chicago. like sandwiches? maybe something like that. here in new york it is feet. connell: currencies today, the euro is at 133.61 to the dollar. we will be right back with jeff flock. ♪ [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. dagen: at the top of that our president obama telling the nation that the budget cuts that are less than a week away will cost people their jobs. a little bit of a scare tactic. how concerned should we be if these sequestration cuts to kick in? >> well, we built that in
he will report from the windy city. connell: and the numbers game and politics. adapting a business state of mind to try to save a party. we have a lot of data to crunch. dagen: i wonder what counts spell like in chicago. like sandwiches? maybe something like that. here in new york it is feet. connell: currencies today, the euro is at 133.61 to the dollar. we will be right back with jeff flock. ♪ [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix...
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espn, of course, the crown jewel of the media networks division, citi group called for a 5% jump in the performance of the cable networks group, but take a look at disney, where it stands heading into the report, guys. this is a one year chart, going up 36% over the past year, and as we enter the report, it is sitting right near all-time highs. it's a surprise, guys, that could push that to territory it's never been. back to you guys. dennis: nice, thanks, sandra smith. we'll look at disney at four o'clock today. time to make money in the house of payne, charles payne cashing in on a supply company, charles. >> a company called ryder. it's growing, but the bread and butter business is the trucks. they reported last week in the operating margins for both segments up huge. fleet up 10.1 the trucks from 9.1, and they gave great guy p dance. stock like a whole lot of other stocks near the high, there's a lot of anxiety. do i chase it or not? in this case, trading with a 10pe, very under valued peg ratio, half of the sales, so from a traditional evaluation point, the stock looks fantastic to
espn, of course, the crown jewel of the media networks division, citi group called for a 5% jump in the performance of the cable networks group, but take a look at disney, where it stands heading into the report, guys. this is a one year chart, going up 36% over the past year, and as we enter the report, it is sitting right near all-time highs. it's a surprise, guys, that could push that to territory it's never been. back to you guys. dennis: nice, thanks, sandra smith. we'll look at disney at...
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Feb 20, 2013
02/13
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we will have a doctor here who is the chief of robotics at the hospital in new york city. tracy: as we do every day, let's take a look at your ten and 30 year treasurys as we head out to break. the 10-year is unchanged. your 30-year is not moving much either. unchanged. we will be right back. ♪ to grow, we have to boost our social media visibility. more "likes." more tweets. so, beginning today, my son brock and his whole team will be our new senior social media strategists. any questions? since we make radiator valves wouldn't it be better if we just let fedex help us to expand to new markets? hmm gotta admit that's better than a few "likes." i don't have the door code. who's that? he won a contest online to be ceo for the day. how am i supposed to run a business here without an office?! [ male announcer ] fast, reliable deliveries worldwide. fedex. ♪ >> reporter: em shibani joshi with your fox business brief. internal probe of the financial dealings of outgoing ceo did not find any intentional misconduct. the company's board also concluded that no antitrust laws were
we will have a doctor here who is the chief of robotics at the hospital in new york city. tracy: as we do every day, let's take a look at your ten and 30 year treasurys as we head out to break. the 10-year is unchanged. your 30-year is not moving much either. unchanged. we will be right back. ♪ to grow, we have to boost our social media visibility. more "likes." more tweets. so, beginning today, my son brock and his whole team will be our new senior social media strategists. any...
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have to tell you, new york city is the big bull's-eye where we will see what it is. right on the line, so we cannot say exactly what will be. the biggest totals will be lent or there will certainly see over 2 feet in a few spots. ashley: move just a few miles only or the other. tracy: but there are people who are going to be happy about this bill. our stage manager in particular. skis or snowboards. we're great. they cute. ashley: securing the united states economic future. former world bank president says the u.s. needs a new strategy, and guess what, he has won. he will tell us what is the most critical next. tracy: as we do every day this today, is to collect your tennant 30 year treasurys. them two basis points. your 30-year done as well. one basis point. it will be right back. tracy: in [ male announcer ] at his current pace, bob will retire when he's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on hisortfolio. and with some plannin
have to tell you, new york city is the big bull's-eye where we will see what it is. right on the line, so we cannot say exactly what will be. the biggest totals will be lent or there will certainly see over 2 feet in a few spots. ashley: move just a few miles only or the other. tracy: but there are people who are going to be happy about this bill. our stage manager in particular. skis or snowboards. we're great. they cute. ashley: securing the united states economic future. former world bank...
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it is in the coolest neighborhood in the city right now. it is where we have a lot of celebrities living. such as jennifer aniston just sold her house over there. leonardo dicaprio just lives down the street. this is the really cool, hip area. >> we have seen the prices go to never bus -- we have seen the prices go to never before seen levels. >> there is a sensation that we do have a long way to go. we are reaching $3000 a square foot. we believe we can get to the 4000-$5000 a square foot. we are excited where this market can keep going. robert: we are seeing a lot of cash buyers, right? >> yes. we are seeing a lot of international buyers. people feel good about the international real estate. it has been named the coolest place on the planet right now. these views are amazing. it is very exciting stuff. robert: we have seen it start to slowly come back on the market. how will that come into play on keeping versus high? >> we call it off market stuff. supply is low. it is very difficult to find a property. there is a bidding war again. it i
it is in the coolest neighborhood in the city right now. it is where we have a lot of celebrities living. such as jennifer aniston just sold her house over there. leonardo dicaprio just lives down the street. this is the really cool, hip area. >> we have seen the prices go to never bus -- we have seen the prices go to never before seen levels. >> there is a sensation that we do have a long way to go. we are reaching $3000 a square foot. we believe we can get to the 4000-$5000 a...
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Feb 22, 2013
02/13
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the dollar is slightly higher. shibani: thank you. >> the city just hired a new city manager. this guy has twice the quick personal bankruptcy and was recently kicked off the board of a community's water company after being sued by shareholders. the san bernardino city council decided to hire the new city manager, alan parker, on a annual salary of $220,000. he filed for bankruptcy back in august. good luck, folks. shibani: unbelievable. >> mr. trump has been associated with some bankruptcies. shibani: he is actually doing something and creating something. >> it was not necessarily have. it was some of the partners. shibani: investing in the oscars. we have a look in the movie studios. what a win at the academy awards could mean. >> in honor of the oscars, we have combined our loved of movies with business. here is a little trivia for you. what movie inspired cisco chairman and ceo john chambers? "glory", "braveheart" or " "patton"? ♪ ctions of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. inves
the dollar is slightly higher. shibani: thank you. >> the city just hired a new city manager. this guy has twice the quick personal bankruptcy and was recently kicked off the board of a community's water company after being sued by shareholders. the san bernardino city council decided to hire the new city manager, alan parker, on a annual salary of $220,000. he filed for bankruptcy back in august. good luck, folks. shibani: unbelievable. >> mr. trump has been associated with some...
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that is valid here, the height of the storm over the heavy storm and around the cities, you have to remember if it is snowing three to 4 inches per hour for five hours, a pilot up very quickly, so it is right over the city where a lot of people live. in connecticut, massachusetts, rhode island, new hampshire, you will be shut down at the new england snowstorm and get ready, the southern jet stream will be very active in next two or three weeks and not the last time we se saw the storm in the northeast and the folks in the planes. very active weather pattern the rest of the winter season february and early march. the big q. now, it is a done deal across new england. locally up to 3 feet. what happens is you have ever been around rhode island and boston, you know some of the variations because it is cold in one place than the other will determine who gets 45 and who gets 15. the two things very crucial is how hard is it snowing, and also with the temperature reaches a certain level minus 8 degrees celsius at 5000 feet it starts to get that ratio. you will see the heavy snow, 129, 30 d
that is valid here, the height of the storm over the heavy storm and around the cities, you have to remember if it is snowing three to 4 inches per hour for five hours, a pilot up very quickly, so it is right over the city where a lot of people live. in connecticut, massachusetts, rhode island, new hampshire, you will be shut down at the new england snowstorm and get ready, the southern jet stream will be very active in next two or three weeks and not the last time we se saw the storm in the...
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Feb 19, 2013
02/13
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let the cities go bankrupt is aiding the cities, a disstressed cities program, but the state and city have been in conflict. the state has a bailout plan to require raising taxes and cutting spending. the city council in harrisberg doesn't want to go along with it but want bankruptcy, a painful process for cities. there's no good options here, but part of this is the conflict between harrisberg and the state which wants to bail them out. tracy: the state wants city taxes to pay for this? >> and cut spending. tracy: nobody wants to cut spending anywhere in the country, it seems; right? why would they rather than go into bankruptcy, because to your point, i mean, while, sure, easy to say, forgive all our debt, it could bring the state to its knees. >> they are hoping that in bankruptcy, a bankruptcy judge would give them a better deal than the state would give them. it's unlikely. bankruptcy judges in chapter 9, which is municipal, it's not like a private bankruptcy where a judge imposes a ruling because that's almost taking his options away from the taxpayers. a judge acts as a referee
let the cities go bankrupt is aiding the cities, a disstressed cities program, but the state and city have been in conflict. the state has a bailout plan to require raising taxes and cutting spending. the city council in harrisberg doesn't want to go along with it but want bankruptcy, a painful process for cities. there's no good options here, but part of this is the conflict between harrisberg and the state which wants to bail them out. tracy: the state wants city taxes to pay for this?...
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Feb 21, 2013
02/13
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the tracks payers should not bail out the city. i will not vote to take money from my constituents in mid-city michigan to bail out the city. they need to handle their own problem or go bankrupt. ashley: what is amazing, senator jones, the new data, half of detroit's property owners haven't paid taxes. to me that sound like greece. how did that happen? >> you have some urban blight there. there hasn't been enough enforcement. that needs to move ahead today too. that is something a emergency manager could get ahold of. ashley: the theory, if detroit files bankruptcy that it could affect the creditworthiness of other cities across the state. is that a very real threat, do you think. >> it is always a threat, but you know what are the other ramifications? do the taxpayers suddenly bail them out? how many other cities are going to spend money like this if they think they will be bailed out? i'm for no more bailouts. let's control the problem. get emergency manager in there and take control immediately. the governor under this plan has
the tracks payers should not bail out the city. i will not vote to take money from my constituents in mid-city michigan to bail out the city. they need to handle their own problem or go bankrupt. ashley: what is amazing, senator jones, the new data, half of detroit's property owners haven't paid taxes. to me that sound like greece. how did that happen? >> you have some urban blight there. there hasn't been enough enforcement. that needs to move ahead today too. that is something a...
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melissa: we will ask the ceo of citi mortgage. ashley: whiteout conditions expected to last well into tomorrow. time for stocks now as we do every 15 minutes. nicole petallides is standing by. nicole: last friday we closed out 14,009. that is our highest close in five years. while we are not too far off from that, about 20 points, we would still have a losing week here on wall street. it certainly feels full force here. people are trying to figure out how they will get home later. the tech heavy nasdaq is the best of the bunch. as you noted, with the snow, many places closing their branches. i want to take a look at a one-year chartier on the dow jones financials. inventory of furniture, automotive goods, they will sell by the most we have seen in three years. back to you. melissa: thank you so much. ashley: if you have money, life is good. the luxury real estate market on both coasts is still very hot. more homes selling for $5 million or higher than ever before. new york cash-rich foreign buyers are stealing spots. we are taking
melissa: we will ask the ceo of citi mortgage. ashley: whiteout conditions expected to last well into tomorrow. time for stocks now as we do every 15 minutes. nicole petallides is standing by. nicole: last friday we closed out 14,009. that is our highest close in five years. while we are not too far off from that, about 20 points, we would still have a losing week here on wall street. it certainly feels full force here. people are trying to figure out how they will get home later. the tech...
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the city in trouble years ago. stuart: i am just waiting for the bailout. [ laughter ] stuart: aren't we all. the national economy is not in good shape. sandra: never before has there been a bigger disconnect in the economy and the stock market. listen, or than 7% of s&p companies had the his earnings season. the reason these companies are doing so well is because wages are not going up and people are doing more work for less money. wait until the sequestration hits on march 1. stuart: charles, you think that it is going up? charles: i do. when caterpillar reports that 70% of their revenue comes from outside of america. i do worry about the media. every single report that came out last week with either bad or devastatingly bad. stuart: you are right. you got that one right. our time is up. here now is dagen and connell. dagen: you are all the pressing. connell: know. thank you, stuart, for that. i am connell mcshane. dagen: i am dagen mcdowell. the first year of a second term president is historically bad. which is
the city in trouble years ago. stuart: i am just waiting for the bailout. [ laughter ] stuart: aren't we all. the national economy is not in good shape. sandra: never before has there been a bigger disconnect in the economy and the stock market. listen, or than 7% of s&p companies had the his earnings season. the reason these companies are doing so well is because wages are not going up and people are doing more work for less money. wait until the sequestration hits on march 1. stuart:...
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Feb 15, 2013
02/13
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get the nokia lumia 822 in red for free and discover all the things to do on the go with city lens. or the droid razr m by motorola in pink for $49.99. everything droid does in an edge-to-edge display. hurry in, because the sale ends february 20th. powerful devices. powerful network. verizon. tdd#: 1-800-345-2550 hours can go by before i realize tdd#: 1-800-345-2550 that i haven't even looked away from my screen. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that kind of focus... tdd#: 1-800-345-2550 that's what i have when i trade. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 ...helps me keep an eye on what's really important to me. tdd#: 1-800-345-2550 it's packed with tools that help me worky strategies, tdd#: 1-800-345-2550 spot patterns and find opportunities more easily. tdd#: 1-800-345-2550 then, when i'm ready... act decisively. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 with the exact same tools, the exact same way. tdd#: 1-800-345-255
get the nokia lumia 822 in red for free and discover all the things to do on the go with city lens. or the droid razr m by motorola in pink for $49.99. everything droid does in an edge-to-edge display. hurry in, because the sale ends february 20th. powerful devices. powerful network. verizon. tdd#: 1-800-345-2550 hours can go by before i realize tdd#: 1-800-345-2550 that i haven't even looked away from my screen. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that kind of focus... tdd#:...
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Feb 14, 2013
02/13
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the cost of living here in miami is 52% lower than new york city. the cost of living is a big factor on whether or not firms come down here. >> i would be shocked if it was only 52%. you have real estate $1500 versus three or $500 here. that is just magnified. look at what private schools cost. look at what restaurants cost. everything is staggeringly different. cheryl: in new york it is $59.43 for a square foot, it is $27.04 per square foot here in miami. >> i was comparing the residential side. it is even more compounded over there. cheryl: you made the point it is easier to recruit talent to come down here because of the cost of living. would you consider coming back to florida? >> absolutely. you can go back and forth easy enough. somebody can go work for merrill lynch. none of those firms are in business anymore. even if you have security, which you thought you had in the 90s, grow with the firm, you still cannot afford it down there. you could make a lot less here. see six it is a little bit of rain. we are all right. >> the talent pool will c
the cost of living here in miami is 52% lower than new york city. the cost of living is a big factor on whether or not firms come down here. >> i would be shocked if it was only 52%. you have real estate $1500 versus three or $500 here. that is just magnified. look at what private schools cost. look at what restaurants cost. everything is staggeringly different. cheryl: in new york it is $59.43 for a square foot, it is $27.04 per square foot here in miami. >> i was comparing the...
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former new york city mayor ed koch has died who led the city of near bankruptcy in the late 70's and alter the 1980's. the outspoken native new yorker becoming a national figure during his three terms in office. died manhattan at the age of 88. cheryl: they give very much. the start of the all-important spring house selling market is just weeks away. new fha rules could make home loans a lot more expensive. dennis: that can hurt the housing rebound. rich edson has the latest from inside the beltway. >> reporter: that and what to do with federal housing finance all on texture and washington. the federal housing authority administration providing government insurance to more than a trillion dollars in mortgages. latest reports saying fha is in the red by more than $16 billion. fiscal situation could become worse. with that, the fha is increasing annual mortgage premiums by one-tenth of one percentage point on most of the mortgages it insures and requires borrowers to pay back the entire life of the lawn. still with, the government on the up for some 90 percent of the mortgage market. t
former new york city mayor ed koch has died who led the city of near bankruptcy in the late 70's and alter the 1980's. the outspoken native new yorker becoming a national figure during his three terms in office. died manhattan at the age of 88. cheryl: they give very much. the start of the all-important spring house selling market is just weeks away. new fha rules could make home loans a lot more expensive. dennis: that can hurt the housing rebound. rich edson has the latest from inside the...
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the city government admits it is going broke. reporting the baltimore is headed for a $2 billion budget shortfall of the the next ten years, lazar thanks to decaying infrastructure, rising retiree health care costs and a massive exodus of taxpaying population. baltimore population has dropped from nearly 1 million in 1950 to 619,000 today. tracy: palmer. the dow is down 19 points, so don't go anywhere. the last hour of trading is coming up with this trend to have liz claman. as ceo of liberty global talking about a monster deal. dissing of 16 billion to virgin media. don't go anywhere. ♪ >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing your credit, your money and ruining your reputation. that's why you need lifelock to relentlessly protect what matters most... [be
the city government admits it is going broke. reporting the baltimore is headed for a $2 billion budget shortfall of the the next ten years, lazar thanks to decaying infrastructure, rising retiree health care costs and a massive exodus of taxpaying population. baltimore population has dropped from nearly 1 million in 1950 to 619,000 today. tracy: palmer. the dow is down 19 points, so don't go anywhere. the last hour of trading is coming up with this trend to have liz claman. as ceo of liberty...
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Feb 26, 2013
02/13
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tracy: you mentioned 19 of 20 cities were up. the one city down is new york. is it because new york started a little later? we were late to the party here, weren't we? >> that is large eltment of that we look across 20 cities and look across at the big boom bust, half a decade back. there is pattern, if you lay one city on top of the other and match starting dates, it might be pretty similar. but the starting dates don't match up. it is a little late to the party. we have a different element. you and i were talking about how manhattan really reliant on bonuses from the financial industry. they're not coming as fast and furious as they used to be? >> the new york metro area heavily dependent on financial services. washington is heavily dependent on uncle sam. detroit unfortunate for them is heavily dependent on autos, so on, so forth. financials services is having rough moments here and there. second of all, compared to other industries, much higher portion of somebody's total compensation comes in a bonus. tracy: right. >> that compensation is likely to bounce
tracy: you mentioned 19 of 20 cities were up. the one city down is new york. is it because new york started a little later? we were late to the party here, weren't we? >> that is large eltment of that we look across 20 cities and look across at the big boom bust, half a decade back. there is pattern, if you lay one city on top of the other and match starting dates, it might be pretty similar. but the starting dates don't match up. it is a little late to the party. we have a different...
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Feb 15, 2013
02/13
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get the nokia lumia 822 in red for free and discover all the things to do on the go with city lens. or the droidazr m by motorola in pink for $49.99. everything droid does in an edge-to-edge display. hurry in, because the sale ends february 20th. powerful devices. powerful network. verizon. >> i have your fox news minute. they will pursue a charge of premeditated murder of the pre-valentines day shooting of his girlfriend. they dispute the claim that he murdered his girlfriend in the strongest terms. the nomination of former chuck hagel. the senate blocked the nomination yesterday over unrelated questions on president obama's reactions. the venezuelan government had published the first photo of hugo chavez in a cuba hospital since his cancer surgery there. the photo shows chavez smiling while lying in bed surrounded by his daughters and looking at a cuban state newspaper. those are your headlines. back to melissa. melissa: thank you so much. commodities getting crushed across the board today. phil flynn is in the pits of the cme. >> there is a real disconnect. there is plenty of sup
get the nokia lumia 822 in red for free and discover all the things to do on the go with city lens. or the droidazr m by motorola in pink for $49.99. everything droid does in an edge-to-edge display. hurry in, because the sale ends february 20th. powerful devices. powerful network. verizon. >> i have your fox news minute. they will pursue a charge of premeditated murder of the pre-valentines day shooting of his girlfriend. they dispute the claim that he murdered his girlfriend in the...
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Feb 28, 2013
02/13
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the colorado governor wants to sue cities that ban fracking. >> i like how he did drink the fracking fluid. did he light it to make a flaming shot from it? >> it's literally more than seven empire state buildings below water. seven buildings below water. >> cities can ban recreational use of pot, but they have to do fracking? >> i want state governors to get out there and allow them to get what is ours? liz, i got to ask you a question. you seemed negative there on allowing america to go get what we own. >> no, i'm -- listen, i don't like big government stomping on little cities threatening them with lawsuits. that's what i didn't like. i'm a small government person, i am. >> what? big state government -- >> he's threatening -- the governor is threatening to sue his city. that's what is at issue. >> all right, liz. are you back tomorrow? >> i don't know. probably not. [laughter] >> do you or do you not favor fracking? >> i support -- yes, i support it in a safe way. >> you live in new york? >> yes, i do. >> urban new york? >> yes. what's the point? >> governor cuomo is delaying the r
the colorado governor wants to sue cities that ban fracking. >> i like how he did drink the fracking fluid. did he light it to make a flaming shot from it? >> it's literally more than seven empire state buildings below water. seven buildings below water. >> cities can ban recreational use of pot, but they have to do fracking? >> i want state governors to get out there and allow them to get what is ours? liz, i got to ask you a question. you seemed negative there on...
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how the city recovered. the mayor had called the power outage and unfortunate moment and what was other called a shining moment. "the service for the superdome was operating as normal." look at how shares of entergy are trading. not taking too big of a hit today. operating as normal. lori: i still do not understand the cause. that whole circuit breaker thing. melissa: beyoncÉ sucked up all the power with the lights and everything. lori: it is so funny, it seemed to be a boring game until the power went out. things got all re-energize. literally. melissa: sticker shock at the pump. we have someone weighing in on why they are concerned about the gas prices jump early in the year. lori: the dollar. kind of a mixed bag today. it is weaker against the dollar in the yen. we will be right back after this. ♪ >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you jus
how the city recovered. the mayor had called the power outage and unfortunate moment and what was other called a shining moment. "the service for the superdome was operating as normal." look at how shares of entergy are trading. not taking too big of a hit today. operating as normal. lori: i still do not understand the cause. that whole circuit breaker thing. melissa: beyoncÉ sucked up all the power with the lights and everything. lori: it is so funny, it seemed to be a boring game...
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Feb 27, 2013
02/13
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it's an ideological city right now. an ideolog either believes it is always the right time to cut taxes, always the right time to cut spending, or always the right time to increase spending or always the right time to increase taxes or always the right time to do whatever their ideology requires. in your opening statement, you point out that our -- the fed is adopting a different approach. you actually have different policies for different business conditions and would have a -- your line is 6.5% unemployment along with some other factors. the national debt is a growing cancer, but this is an economy that is still dpsh that suffered a heart attack in 2008, and you don't administer chemotherapy while the patient is still in the cardiac icu. would the markets have confidence in congress, and it's hard to think of whether they would ever have confidence in congress, if we had statutory provisions which, like your policies, had a trigger and moved towards a more contractionary fiscal policy with this 6.5% unemployment rate.
it's an ideological city right now. an ideolog either believes it is always the right time to cut taxes, always the right time to cut spending, or always the right time to increase spending or always the right time to increase taxes or always the right time to do whatever their ideology requires. in your opening statement, you point out that our -- the fed is adopting a different approach. you actually have different policies for different business conditions and would have a -- your line is...
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Feb 21, 2013
02/13
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the sequestration goes through, you know, the first responders will go away. cities will burn. border control, at this rate, illegal immigrants will raid this country. connell: you think it is basically no big deal. it is a pretty small percentage. >> there are no efficiencies to be found in government? connell: some republicans will say we do not want to cut the fence. we would rather see the cuts come from elsewhere. >> i think they could be handled responsibly. republicans are trying to give the president some discretion on where the cuts are applied. harry reid and other democrats, however, respond to that. i think this can be done responsibly. whether it is domestic spending or defense. what the president does have in his advantage here is republicans are somewhat divided in this. i think it is important for the republican caucus to stick together on this. dagen: what about that i am a conspirators sometimes, what if the economy continues to chug along at the casting, then it kind of points to the fact that more cuts should have been. you can say i am an idiot. >> i think
the sequestration goes through, you know, the first responders will go away. cities will burn. border control, at this rate, illegal immigrants will raid this country. connell: you think it is basically no big deal. it is a pretty small percentage. >> there are no efficiencies to be found in government? connell: some republicans will say we do not want to cut the fence. we would rather see the cuts come from elsewhere. >> i think they could be handled responsibly. republicans are...
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Feb 25, 2013
02/13
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over 6 million from the state of california. five and a half million from the city pennsylvania. lincoln, three and a half million from virginia. seeking a big one, eight and a half million from the state of louisiana. all told, one half billion that states are giving out to hollywood to bring the productions into their states. california is a lot of money. of course, the fiscal of deal has $430 billion in tax breaks for hollywood. the thing is, taxpayers are paying at the dock to the box office. some of their pang hollywood again in the form of tax breaks. and the thing is tomato you something, missouri, michigan, states and saying, wait a second. maybe it's not it's a great thing we bring these projections and our state because the draws are temporary jobs for at a state workers, and when the production shuts down, the end up going on jobless benefits. may not be so great. ashley: they ought to go to canada in romania and these other places where they get even more tax breaks. lori: -- >> that's right. they don't talk about that at all, but they are from taxpayers, and it is on
over 6 million from the state of california. five and a half million from the city pennsylvania. lincoln, three and a half million from virginia. seeking a big one, eight and a half million from the state of louisiana. all told, one half billion that states are giving out to hollywood to bring the productions into their states. california is a lot of money. of course, the fiscal of deal has $430 billion in tax breaks for hollywood. the thing is, taxpayers are paying at the dock to the box...
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Feb 28, 2013
02/13
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tracy: it is the city's board holding them back. ashley: a tremendous amount of people and property they get no taxes on. it is a real mess and sad story. a emergency manager could come in or be nouned or could come in or her tomorrow. tracy: we'll definitely keep you posted on that. ashley: yeah. tracy: could a new proposal to reduce the deficit coming after your 401(k)? say independent eight so. we'll have details to overhaul the tax code next. ashley: first look how the dollar is moving against these foreign currencies. the euro as you can sees, down against the dollar. under the 1.31 mark. u.k. pound making a slight gain against the greenback. we'll be right back. but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio summary. it's one more innovative reason serious inve
tracy: it is the city's board holding them back. ashley: a tremendous amount of people and property they get no taxes on. it is a real mess and sad story. a emergency manager could come in or be nouned or could come in or her tomorrow. tracy: we'll definitely keep you posted on that. ashley: yeah. tracy: could a new proposal to reduce the deficit coming after your 401(k)? say independent eight so. we'll have details to overhaul the tax code next. ashley: first look how the dollar is moving...
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in mexico city, people are dead after the explosion at a mexican owned state oil company. the cause of the explosion remains unknown. those are your headlines. who got bleeped, you or me? thank you to congress taking the can down the road, massive defense cuts were put off until march 1. with just one month ago, there is little sign of progress. general charles joining us now. welcome, sir. $500 million in defense department spending cuts. they are likely inevitable. your thoughts on the impact. >> first of all, there has already been $487 billion of cuts levied on the deal. the 500 billion that is pending would be devastating. one of the things that i like to remind people of is we are already in sequestration. the department has already started cutting their spending on many other programs. lori: the first tape showed a contraction. as you know, there are a lot of deficit hawks out there that are happy to see cuts as painful as they may be. >> the problem is, the way it is being done now is very inefficient. it is like senator warner from virginia said. you cannot portio
in mexico city, people are dead after the explosion at a mexican owned state oil company. the cause of the explosion remains unknown. those are your headlines. who got bleeped, you or me? thank you to congress taking the can down the road, massive defense cuts were put off until march 1. with just one month ago, there is little sign of progress. general charles joining us now. welcome, sir. $500 million in defense department spending cuts. they are likely inevitable. your thoughts on the...
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Feb 13, 2013
02/13
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. sandra: stocks every 15 minutes, team coverage. dennis: phil flynn on why o.j. will cost more, charles payne showing us how to make money working on a railroad. chris nicole petallides with the dow off of its low. nicole: a nice cup of of a day. the dow is up off of the lows of the day, down 55 points, down 46 points. and you can see the s&p with gains of 1519 and the s&p and the dow closed at five year highs so that is they were led -- consumer stocks doing very well. hitting all-time highs, 52 week highs, seeing a mixed bag, names like mcdonald's and coca-cola under pressure and bank of america and general electric and comcast g e doing better. and a little back and forth off of the unchanged line, but there is action to the hat on wall street. that is the latest year. what is going on in chicago? phil: looking at warranty futures, a new high for the year and to be honest florida's orange juice industry is a major trouble right now. bottom line here, the citrus tha
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. sandra: stocks every 15 minutes, team coverage. dennis: phil flynn on why o.j. will cost more, charles payne showing us how to make money working on a railroad. chris nicole petallides with the dow off of its low. nicole: a nice cup of of a day. the dow is up off of the lows of the day, down 55 points, down 46 points. and you can see the s&p with gains of 1519 and the s&p and...
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Feb 22, 2013
02/13
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city group came up with 50 winning stocks, the global chance. here is who made the list. don't look at all of these because i will be identified when they did not put on, las vegas and on the list, they also like hog, harley-davidson. it different one going forward cosmetics company estee lauder, the credit-card companies including mastercard, keep in mind whenever it these stocks they have gotten hit in the recent sell-off but they said these are the stocks to beach. they have international businesses that lead in their sectors, strong balance sheet and signs of pricing power. these other reasons in technology, ebay, microsoft and the highly talked about google which is getting a nice boost today. will get this year to date chart. one of the big winners this year at $800 a share. what was not on the list, shockingly, apple. they did not put it on or provide a reason but it is not on the global buy list right now. there were a lot of big names, 60 stocks on the list, apple did not make it. $448 a share today, this was actually a. they don't like it. dennis: that is the fi
city group came up with 50 winning stocks, the global chance. here is who made the list. don't look at all of these because i will be identified when they did not put on, las vegas and on the list, they also like hog, harley-davidson. it different one going forward cosmetics company estee lauder, the credit-card companies including mastercard, keep in mind whenever it these stocks they have gotten hit in the recent sell-off but they said these are the stocks to beach. they have international...
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Feb 14, 2013
02/13
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cheryl casone finds out the real reason live ahead from my favorite city, miami. ashley: tough assignment. more bad news on europe's economy. what does it mean for president obama's planned trade pact with the region? former imf managing director john lipsky is here to talk about that next. first as we do at this time every day, let's look how the dollar is moving right now. guess what? the dollar is up against some of these currencies, including the euro. the euro is down against the dollar at 1.3141. we'll be right back. tracy: we have breaking news from mobile, alabama. coast guard officials are saying that the disabled cruise ship, docked off the coast of alabama is now not moving because of a broken toe line. fingers crossed. the people on board are not in total mutiny right now. ashley: they have four tugboats pulling this thing. one of them broke, the carnival cruise ship triumph due in sometime tonight now. quicker to jump overboard and swim it. tracy: pull up a bunch of dinghyes to put people in? why not? ashley: i can not imagine the horror stories on bo
cheryl casone finds out the real reason live ahead from my favorite city, miami. ashley: tough assignment. more bad news on europe's economy. what does it mean for president obama's planned trade pact with the region? former imf managing director john lipsky is here to talk about that next. first as we do at this time every day, let's look how the dollar is moving right now. guess what? the dollar is up against some of these currencies, including the euro. the euro is down against the dollar at...
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Feb 20, 2013
02/13
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >> 24 minutes past the hour, this is your fox news minute. former illinois congressman jesse jackson junior pled guilty to misusing $750,000 in campaign funds. checks will be facing roughly four years in prison at his june sentencing. his wife, sandra, great twis gry sentencing earlier with federal prosecutors and is due in court later this afternoon. today is lance armstrong's deadline to decide if he will tell the u.s. anti-doping agency under oath what he knows about performance-enhancing drug use in cycling..3 the agency says his cooperation is the only way his lifetime ban from the sport could bb lifted. after years of denial, the cyclist admitted in january 2 doping when he won seven tour de france titles. tens of thousands of greeks went on strike in 24 hours union led walkout. the nationwide protests against austerity measures including higher taxes and wage cuts. the european union and the imf have spent 200 billion euro increase bailouts. dennis, back to yo
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >> 24 minutes past the hour, this is your fox news minute. former illinois congressman jesse jackson junior pled guilty to misusing $750,000 in campaign funds. checks will be facing roughly four years in prison at his june sentencing. his wife, sandra, great twis gry sentencing earlier with federal prosecutors and is due in court later this afternoon. today is lance armstrong's...
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Feb 12, 2013
02/13
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get the nokia lumia 822 in red for free and discover all the things to do on the go with city lens. or the droid razr m by motorola in pink for $49.99. everything droid does in an edge-to-edge display. hurry in, because the sale ends february 20th. powerful devices. powerful network. verizon. dennis: 15 minutes past the hour. stocks now and every 15 minutes. cheryl: he is watching corn go higher and higher. charles payne shows us how to make money on tesla. nicole petallides on the floor of the and why is the. we cannot push through on a meaningful basis. nicole: that is true. most of the traders continue to fail we will break those all-time highs. i thought maybe you were saying 14,000. we are sitting right now of about 35 points. that is a gain of eight quarter of 1%. oil services are doing well. bank stocks are doing very well today. barclays would be another name. you are seeing some nice moves there. the vix, the fear index is taking a breather. oil and gold hovering around the same picture. the trend remains to the upside. back to you. >> corn has been up. it has been. today a
get the nokia lumia 822 in red for free and discover all the things to do on the go with city lens. or the droid razr m by motorola in pink for $49.99. everything droid does in an edge-to-edge display. hurry in, because the sale ends february 20th. powerful devices. powerful network. verizon. dennis: 15 minutes past the hour. stocks now and every 15 minutes. cheryl: he is watching corn go higher and higher. charles payne shows us how to make money on tesla. nicole petallides on the floor of the...
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Feb 12, 2013
02/13
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all up arrows for all the financials. city group in particular up the last six months is up 50%. today it is hitting an annual high. that goes along with some of the other names, including jpmorgan, new 52-week high. how about goldman sachs? new 52-week high. bank of america, i checked it a moment ago. it is sitting at 12.20. 12.20 is annual high. another penny it will be at a 52-week high. the dow jones industrials are up 65 points when you talk to people on wall street they say these rallies can not exist without the financials and how crucial they are to the moves that we see in these markets. today, right now, you are seeing some great performance. we took the time to just show you some of those names on the move, citigroup, goldman sachs, here at 52-week highs. people are celebrating if they're long this market. back to you. melissa: nicole, thanks so much. so it has been a little over a month since freshman congressman mark mullen of oklahoma was sworn in. at that time he told us that d.c. was a lot like disneyland. those in washington need to work across the aisle to make
all up arrows for all the financials. city group in particular up the last six months is up 50%. today it is hitting an annual high. that goes along with some of the other names, including jpmorgan, new 52-week high. how about goldman sachs? new 52-week high. bank of america, i checked it a moment ago. it is sitting at 12.20. 12.20 is annual high. another penny it will be at a 52-week high. the dow jones industrials are up 65 points when you talk to people on wall street they say these rallies...
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Feb 18, 2013
02/13
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this is courtyards and hampton inns in new york city. that's half of the cash flow. the rest comes from other major markets in the east and west coast, and their margins are high because of this. new york city's been seeing a great deal of demand growth. we encourage this is an an tractive trade on that. dennis: all right. lastly, hospitality perspective trust, what's that? >> hospitality trust, they own hotels in a unique structure that decreases volatility. it's a 7% yield for a company with an investment grade balance sheet, and we see dividend growth in the year ahead. it's an attractive play for investors looking for some kind of cash return these days which is hard to come by. dennis: nicely done, sir, we appreciate you being with us. cheryl: reits are great. anyway, is the united states going the way -- are we going to become greece? latest edition, and ashley webster and tracy burns talk about that in the next hour of "markets now." dennis: president obama's plan leaked. the marts closed, but fox biz, we are open, baby. ♪ oh this is lame, investors could lo
this is courtyards and hampton inns in new york city. that's half of the cash flow. the rest comes from other major markets in the east and west coast, and their margins are high because of this. new york city's been seeing a great deal of demand growth. we encourage this is an an tractive trade on that. dennis: all right. lastly, hospitality perspective trust, what's that? >> hospitality trust, they own hotels in a unique structure that decreases volatility. it's a 7% yield for a company...
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new york city financial crisis in the mid '70s, there was a major investigation. congressional investigation and securities & exchange commission investigation of standard & poor's at that point, correct. >> absolutely. i just started right when that was happening. >> is this biggest case since then? >> yes. absolutely. >> there we go. guys, back to you. melissa: charlie gasparino, thanks so much. interesting stuff. lori: let's check markets for you. nicole is on the floor of the stock exchanges. looks like the dow is providing a little bit of a reassistance. >> sitting on level of 13,999. that's true. it is a psychological level. today at highest point we were at 14,006. we were hovering around all these levels. bulls are happy we didn't give back the gains we've seen. dow component disney will be one to watch. we watched hit all-time high after all-time high. it is up 3/4 of 1% over last 52 weeks. disney has been a great performer up over 52%. chipolte, aflac, zynga, cme group, bank of america going to a buy from unperform on zynga. keep an eye on that one as we
new york city financial crisis in the mid '70s, there was a major investigation. congressional investigation and securities & exchange commission investigation of standard & poor's at that point, correct. >> absolutely. i just started right when that was happening. >> is this biggest case since then? >> yes. absolutely. >> there we go. guys, back to you. melissa: charlie gasparino, thanks so much. interesting stuff. lori: let's check markets for you. nicole is on...
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Feb 27, 2013
02/13
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kelly's campaign was helped by more than $2 million in pro-gun control ads paid by new york city mayor michael bloomberg political action fund. ashley: heather, thanks very much. we appreciate that. italy's borrowing costs are at a four-month high after the first post-election bond sale but it is calming investor fears of a political stalemate, a vacuum if you like in rome could reignite the eurozone debt crisis. what is next for italy? a little unclear. joining us now, vice president and portfolio manager at oppenheimer funds. thanks for joining us. would it be fair to say that the results of the tallian -- italian election is basically anti-austerity and take that further, anti-german? >> very much agree with your statement. italians have clearly voted against the e.u. imposed austerity and they did it in two forms. they voted down dramatically mario monthty who was the symbol of that as you -- austerity and the e.u. driven reform process. secondly they have voted with incredible, incredible strength and voice the movement of, five-star movement, untie establishment, untie austerity
kelly's campaign was helped by more than $2 million in pro-gun control ads paid by new york city mayor michael bloomberg political action fund. ashley: heather, thanks very much. we appreciate that. italy's borrowing costs are at a four-month high after the first post-election bond sale but it is calming investor fears of a political stalemate, a vacuum if you like in rome could reignite the eurozone debt crisis. what is next for italy? a little unclear. joining us now, vice president and...
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Feb 11, 2013
02/13
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. 4. melissa: looking at a market sagging a little bit here. down 31 points on this monday. everybody is talking about the grammys. lori: sunday leftovers. what did you guys watch last night? melissa: watch the grammys. lori: a little bit of both. lori: everybody for the most part followed the wardrobe guidelines. melissa: it was very boring. everyone was covered up, beyonce. no wardrobe malfunctions. melissa: i got to tell you, first time ever, not looking at fashion because everyone was wearing like curtains from their back room. it was more about the performances last night. i mean, adele, all do respect, did you pull that off the table cloth? melissa: i thought it was a laura ashley handbag. lori: ratings were down from last year. melissa: because of the clothes. [all talking at once] melissa: we need a whole show to talk about carrie underwood's dress. that blew my head off. totally weird. anyway the dow is down 32 points. i'm tracy byrnes. lori: i'm ashley webste
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. 4. melissa: looking at a market sagging a little bit here. down 31 points on this monday. everybody is talking about the grammys. lori: sunday leftovers. what did you guys watch last night? melissa: watch the grammys. lori: a little bit of both. lori: everybody for the most part followed the wardrobe guidelines. melissa: it was very boring. everyone was covered up, beyonce. no wardrobe...
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Feb 13, 2013
02/13
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he took a bonus from citi, taking taxpayer money. to that, he said was a private firm, he had nothing to do with investments in instead ran the business of the business. also a lengthy conversation about tax reform and lew says there is room in that process to raise taxes. >> i think there is still more work to be done in terms of the physical path and we need more revenue to be part of it. i think separate from that there is a need to do tax reform and in clearing out the tax code and running the base, there is room to raise revenue that we need. rich: lew says it should be reformed. he talked about a minimum worldwide tax rate but didn't get specific on that. also says and comes to clearing out tax deductions, the federal government and congress must consider what business tax investments in with business tax loopholes can be closed but don't necessarily give an advantage to companies for coming here. basically said oil and gas is an example of that because oil and gas companies will not move overseas because the resources undernea
he took a bonus from citi, taking taxpayer money. to that, he said was a private firm, he had nothing to do with investments in instead ran the business of the business. also a lengthy conversation about tax reform and lew says there is room in that process to raise taxes. >> i think there is still more work to be done in terms of the physical path and we need more revenue to be part of it. i think separate from that there is a need to do tax reform and in clearing out the tax code and...
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Feb 25, 2013
02/13
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whiteout conditions, dangerous to hit the roads. people are told to stay off the roads throughout the day today. the warnings in effect from texas to southern areas of texas, and warnings from north eastern portions of the state of new mexico up into portions of illinois. very widespread area here expecting significant snowfall. chicago under a winter storm watch because tomorrow afternoon and evening hours, you could be seeing over six inches of know in chicago. on the southern side, believe it or not, tornadoes, damaging gust, and large hail stretching from the state of texas, louisiana, into areas across the florida panhandle and also southern georgia. widespread area could see severe weather out here. also, heavy rain expected with the storms up to three inches or more locally in alabama and georgia, out here in the southeast through tuesday. again, heavy rain expected in this area of the country, but the one little bit of good news is we have drought conditions across portions of georgia and alabama and the central planes so we
whiteout conditions, dangerous to hit the roads. people are told to stay off the roads throughout the day today. the warnings in effect from texas to southern areas of texas, and warnings from north eastern portions of the state of new mexico up into portions of illinois. very widespread area here expecting significant snowfall. chicago under a winter storm watch because tomorrow afternoon and evening hours, you could be seeing over six inches of know in chicago. on the southern side, believe...